... S Federal Reserve's expected hike in interest rates will not cause major turbulence in Hong Kong asset prices. Any rate hike will be mild and the policy tightening will be gradual, he said. In Hong Ko ...More
EJ Insight2015-08-28
... 8 billion reserve price equates a price-to-book ratio of 1.95 for NCB, or nearly double the 1.05 average ratio for listed Hong Kong banks, Thomson Reuters data shows. Reuters had reported that other p ...More
EJ Insight2015-08-28
... S Federal Reserve should delay any rate hike to give fragile emerging market economies time to prepare. He said Beijing's decision to let the yuan fall in value against the dollar should not make it a ...More
EJ Insight2015-08-28
China’s latest interest rate cut and reserve requirement ratio (RRR) reduction have resulted in a limited boost for the stock market so far. That shows market confidence is stretched and market senti ...More
EJ Insight2015-08-27
... S Federal Reserve will respond to days of China-led volatility by delaying an expected interest rate rise next month. “Heavyweight stocks like banks and insurance companies helped pull up the index, a ...More
EJ Insight2015-08-27
US stocks rebounded sharply on Wednesday after running up six straight days of sharp losses caused by worries about China's economy. Long-term bonds fell after a top Federal Reserve official scaled ba ...More
EJ Insight2015-08-27
... lenders’ reserve ratios were announced hours after the benchmark measure closed with a 7.6 percent drop on Tuesday. Chinese equities have lost half their value since mid-June, as margin traders close ...More
EJ Insight2015-08-26
... lower the reserve requirement ratio by 50 basis points. The double-barreled shot was Beijing’s last resort, which was aimed at triggering a strong market rebound after going through a heavy sell-off i ...More
EJ Insight2015-08-26
... S Federal Reserve may start the tightening cycle in late October. Yet according to Neo-Classical economic theories, it is ultra-low interest rates that underlie the current bleak climate as the policy ...More
EJ Insight2015-08-26
... e cut and reserve requirement ratio reductions, or even some tax cuts, to restore market confidence. The yuan devaluation has triggered a currency war and worsened capital outflow. Foreign investors h ...More
EJ Insight2015-08-26
China's double-barreled move on Tuesday to cut benchmark rates and banks' reserve requirement ratio (RRR) shows the central bank will tolerate further depreciation in the renminbi, economists say. The ...More
EJ Insight2015-08-26
China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months. The moves came after Chinese stocks tumbled again on Tuesday. Reuters said ...More
EJ Insight2015-08-26
US policymakers will loosen monetary policy, not tighten it, in their next move, says Bridgewater Associates, the world's largest hedge fund. Founder Ray Dalio said the Federal Reserve is paying to ...More
EJ Insight2015-08-26
... S Federal Reserve] may still hike rates before the end of the year. That puts further cracks into the two main growth pillars for the world economy of recent years: Chinese demand [including commoditi ...More
EJ Insight2015-08-25
... think any reserve-requirement ratio cuts will come any time soon.” The overnight repurchase rate climbed to a four-month high of 1.85 percent as of 12:14 p.m. in Shanghai on Tuesday, according to a we ...More
EJ Insight2015-08-25
China may need to slash the bank reserve requirement ratio (RRR) by at least another 150 basis points this year to boost lending and support the economy, according to a top Chinese investment bank. In ...More
EJ Insight2015-08-25
... e Federal Reserve has hinted at a September tightening of US benchmark rates after eight years of near-zero interest rates. Monday's rout, which follows weeks of jitters over the extent of China's eco ...More
EJ Insight2015-08-25
... o cut the reserve requirement ratio (RRR) over the weekend. An RRR cut would release several hundred billion yuan but not all of this capital will flow into stock market. The central bank injected liq ...More
EJ Insight2015-08-24
... , lowered reserve requirements repeatedly and expanded localities’ freedom to issue bonds directly (and ordered banks to keep lending to them). In fiscal policy, Beijing acknowledged that the fiscal d ...More
EJ Insight2015-08-24
... en hidden reserve of elderly workers who are experienced, well educated and too energetic to be confined to their home. Recently, the Labor and Welfare Bureau announced a plan to launch a pilot progra ...More
EJ Insight2015-08-24